BAYPORT SECURITISATION (PTY) LTD - Supplement to the Programme Memorandum

Supplement to the Programme Memorandum

Bayport Securitisation (RF) Limited
(Incorporated with limited liability in the Republic of South Africa)
(Registration number 2008/003557/06)
Formerly called Bayport Securitisation (Proprietary) Limited
(with registration number 2008/003557/07)
(“Bayport Securitisation” or the “Company”)


SUPPLEMENT TO THE PROGRAMME MEMORANDUM
On 20 May 2011, Bayport Securitisation registered a Programme Memorandum (the
“Programme Memorandum”), to launch its ZAR4,400,000, 000 Asset Backed Note
Programme. The first and second supplement to the Programme Memorandum were
issued on 22 September 2011 and 25 April 2012 respectively, and a further supplement
dated 31 July 2012 (the “Supplement”) has been issued for the purpose of updating the
Programme Memorandum in the following respects:
(i) to consolidate previous changes made to the Transaction Overview section of the
    Programme Memorandum into one document;
(ii) to provide updated information regarding the Issuer and the Originator including
     updated financial information to 31 March 2012.
The Supplement is supplemental to, and should be read in conjunction with the
Programme Memorandum and the first and second supplements referred to above.
The supplements and the Programme Memorandum are available for download from
Transaction Capital (Proprietary) Limited’s website at
http://www.transactioncapital.co.za/baysecdebt.aspx

31 July 2012

Debt Sponsor
Deutsche Bank AG, Johannesburg Branch

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